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Author Question: Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct ... (Read 100 times)

Hungry!

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on: Mar 6, 2021
Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weighted-average costing.

The following information is available for the month of March 2017 for the Assembly department.

Work in process, beginning inventory320 units
 Conversion costs (30% complete)
Units started during March840 units
Work in process, ending inventory:160 units
 Conversion costs (55% complete)

The cost details for the month of March are as follows:
Work in process, beginning inventory:
Direct materials$347,500 
Conversion costs$364,000 
Direct materials costs added during March$700,500
Conversion costs added during March$1,124,000
 
What amount of direct materials costs is assigned to the ending Work-in-Process account for March?
(Round intermediary calculations to the nearest whole dollar.)
◦ $47,931
◦ $96,621
◦ $104,632
◦ $144,480
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Hungry! on Mar 6, 2021

IAPPLET

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Hungry!

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

bassamabas

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Reply 3 on: Yesterday
Excellent

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